Lookers (LOOK) Stock Rating Reaffirmed by Peel Hunt

Peel Hunt reissued their buy rating on shares of Lookers (LON:LOOK) in a research note issued to investors on Wednesday.

Separately, Numis Securities lifted their price target on Lookers from GBX 130 ($1.70) to GBX 140 ($1.83) and gave the company a buy rating in a research report on Wednesday, August 15th. Five analysts have rated the stock with a buy rating, Lookers has a consensus rating of Buy and an average target price of GBX 141 ($1.84).

LOOK traded up GBX 0.70 ($0.01) during trading hours on Wednesday, hitting GBX 98.70 ($1.29). The company’s stock had a trading volume of 410,612 shares, compared to its average volume of 984,774. Lookers has a fifty-two week low of GBX 78.50 ($1.03) and a fifty-two week high of GBX 131.50 ($1.72).

The company also recently declared a dividend, which will be paid on Friday, November 23rd. Stockholders of record on Thursday, October 18th will be given a dividend of GBX 1.48 ($0.02) per share. This represents a dividend yield of 1.4%. The ex-dividend date is Thursday, October 18th.

Lookers Company Profile

Lookers plc engages in the sale, hire, and maintenance of motor vehicles and motorcycles in the United Kingdom and Ireland. The company engages in the sale of new and used cars, and vans; and servicing, repair, and sale of franchised parts to customers' vehicles. It operates 155 franchised dealerships representing 32 manufacturers from 100 locations.

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Analyst Recommendations for Lookers (LON:LOOK)

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